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Posts: 10873 | Location: New Hampshire | Registered: October 29, 2011
Bearing in mind that Beretta is the oldest current gun manufacturer, with some iconic designs, and Ruger is known for making something in every category and will most likely still fire if the barrel is plugged with J-B Weld.
I'm not as enthusiastic as some about this turn of events. I think this may be a prelude to some strong arming of Ruger by Beretta, regarding what Ruger makes, where Ruger sells and how their system of production and distribution works. A competing company doesn't just spend $46 million to be able to get a copy of the Board notes. Beretta is an older, larger, deeper pocket company with a habit of taking control of its competition. Ruger should be very vary about all this...
Posts: 447 | Location: Nevada | Registered: May 12, 2013
Ruger is publicly traded. Ultimately it comes down to shareholders. RGR has been sliding down for the last four plus years from a high of $80ish. We”ll see. To me it looks like an eventual buyout.
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Posts: 4408 | Location: ALABAMA | Registered: January 05, 2008